SC HOLDINGS' subsidiary plans to sell all issued share capital of three subsidiaries

Zhitong
2025.05.06 11:42
portai
I'm PortAI, I can summarize articles.

SC HOLDINGS announced that it will sell all issued share capital of its wholly-owned subsidiaries World Mastery Limited, Crosslight Limited, and Chun Wing Company Limited on May 6, 2025, for a transaction amount of HKD 26.9603 million. This move aims to streamline the group's property portfolio, reduce risks, and unlock value, eliminate liabilities related to low-value assets, and confirm one-time sale proceeds to strengthen its financial position